MasterCard has announced that its PayPass chip technology will soon be available in cell phone form as a mobile contactless payment pilot across Canada.

They will be testing near-field communications (NFC) technology on the Bell network with phones from an unnamed vendor. The closed trial will be done with MasterCard Canada and Bell Canada employees.

The phones will be set up to PayPass accounts and will be used for small transactions at participating PayPass-enabled merchants like Tim Horton’s, McDonald’s, Loblaws, Cineplex Odeon, and plenty of gas chains.

The application is built into the NFC devices’ secure area, according to Nagesh Devata of MasterCard Canada’s Acceptance Development and New Products space. Secure over-the-air (OTA) provisioning of payment card credentials and the security of transactions on mobile phones will be tested during this test.

Popularity: 1%